Lucky Bay Port
T-Ports identified in 2018 that through a shallow-water ports and transhipment model it could disrupt the traditional port model by bringing the port to the product. Transhipping cargos in deep water removed depth constraints experienced by traditional Ports. To-date T-Ports has applied this philosophy towards adopting a shallow Port design methodology to export cereals and pulses from South Australia in bulk. Adaptation of shallow water transhipping removed the high build costs & environmental trade-offs experienced when developing deep water ports.
The first transhipment port at Lucky Bay includes a specialist bulk commodity exporting facility that incorporates a transhipment vessel, a transhipping terminal, on-port and upcountry grain storage and handling facilities. Since 2018, Lucky Bay has experienced significant developments transitioning from a greenfield development to a growth-oriented business. Management has focused on optimising existing infrastructure, enhancing operational efficiencies and utilising additional capacity at the port.
The second transhipment port at Wallaroo has recently been successfully put into operation based on the experience of Lucky Bay Port. The Wallaroo Port development is the natural extension to the Lucky Bay Port on the Eyre Peninsula and is an important part of the overall supply chain development strategy in South Australia.
This model developed a business which overcame limitations around vessel length, depth and allowed the business to meet trader demands for highest export payloads as the global vessel markets shifted to increasingly larger designs for bulk capacity. T-Ports has discovered this model is agile and scalable to meet a multitude of large-scale import/export opportunities, along with options opening up to support domestic projects through talks on welcoming smaller landing craft; RoRo potential for modular infrastructure or containers and the establishment of forward stocking points to cut down costly land transport logistics.
T-Ports will evaluate the opportunity for additional shallow-water ports in Australia following the successful development of the fully operational Lucky Bay and Wallaroo ports.
Investment opportunity
T-Ports is seeking strategic partnerships which aim to expand operations and unlock large-scale projects. The Lucky Bay site reflects significant scope for development to accommodate other commodities, including the opportunity to develop additional berthing capacity, quayside infrastructure, and associated storage and handling facilities with private haul road access. Strategic partnerships may be in the form of trade participation at the port, capital investment and the like.
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Investor information
Documents
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Project status update
-Project dependencies
Lucky Bay Port is fully operational and has handled and exported over 2m tonnes of grain.
Technology utilised
Lucky Bay Port owns and operates the innovative MV Lucky Eyre. The Lucky Eyre is a quad screw, zero ballast, self propelled and self discharging Transhipment Vessel.
Financial information
Investment sought: Not applicable
Key organisations
- T-Ports Pty Ltd
Project timelines
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Expected end date
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Funding round finish date
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